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Long-Term Rental Analysis
1310 Eagle Crest Dr., Myrtle Beach, SC 29579
$249,000 • 2 beds • 2 baths • 1014 sqft

This property looks like a bad Long-Term investment with a projected -8.49% first-year return on $52,290 initial cash invested.

Cash On Cash
-8.49%
Cap Rate
4.96%
Rent
$1,496
Cashflow
-$370
Rent Confidence:  High
Annual
$17,952
Median
$1,500
Avg
$1,498
Samples
25
Financing
Purchase Price  $249k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $52,290
Downpayment  $49,800
Closing costs  $2,490
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $1,496
Total Expenses  $1,866
Mortgage P&I  $1,325
Property Taxes  $64
Home Insurance  $87
PManagement  $150
CapEx  $75
Vacancy  $90
Maintenance  $75
Other  $0
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